Free Trial

Bonterra Energy (TSE:BNE) Stock Crosses Above Two Hundred Day Moving Average - Should You Sell?

Bonterra Energy logo with Energy background

Key Points

  • Bonterra Energy Corp. stock price recently crossed above its 200-day moving average of C$3.47, reaching a high of C$3.54 during trading.
  • The company has a market capitalization of C$128.98 million and a P/E ratio of -18.63, indicating potential challenges in profitability.
  • Bonterra operates in the Western Canadian Sedimentary Basin, focused on the exploration and production of crude oil and natural gas.
  • Five stocks to consider instead of Bonterra Energy.

Bonterra Energy Corp. (TSE:BNE - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.47 and traded as high as C$3.54. Bonterra Energy shares last traded at C$3.54, with a volume of 42,390 shares.

Bonterra Energy Trading Up 4.0%

The firm has a market capitalization of C$131.16 million, a P/E ratio of -18.95 and a beta of 0.92. The stock has a 50-day simple moving average of C$3.56 and a two-hundred day simple moving average of C$3.47. The company has a current ratio of 0.53, a quick ratio of 0.21 and a debt-to-equity ratio of 29.00.

About Bonterra Energy

(Get Free Report)

Bonterra Energy Corp is an oil and gas exploration company operating in the Western Canadian Sedimentary Basin. The company develops and produces crude oil, natural gas, and natural gas liquids. Bonterra operates in one industry and has only one reportable segment. Its assets consist of crude oil and natural gas assets.

Featured Stories

Should You Invest $1,000 in Bonterra Energy Right Now?

Before you consider Bonterra Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bonterra Energy wasn't on the list.

While Bonterra Energy currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.